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Active
Condominium
$990,000$635 / sqft

851 NE 1st Ave # 1409, Miami FL 33132

In Paramount Miami Worldcenter
2
Bedrooms
3
Bathrooms
1,559 sqft
Interior
2019
Year built
$2,751 / mo
HOA
Condominium
Type

About this home

A redesigned 2-bedroom + den with the option to convert into a 3-bedroom, located in the heart of Miami Worldcenter. Unit #1409 features custom doors, handles, flooring, window treatments, millwork, upgraded lighting, wallpaper, built-in storage, and a premium audio system. Enter through a private lobby with secure keycode access, custom finishes, and built-in cabinetry to maximize storage. The residence opens through a foyer hallway which leads you to the bright living areas with water and skyline views. The expansive outdoor terrace, located above the amenity deck, includes a TV and lounge space to enjoy the bay and city skyline views. The residence is fully-furnished and located in the building with the most amenities in the world.

Features

  • Interior Hall
  • Lobby
  • First Floor Entry
  • Built-in Features
  • Closet Cabinetry
  • Cooking Island
  • Entrance Foyer
  • Walk-In Closet(s)
  • Open Balcony
  • Bay
  • Skyline

Location

Approximate — shows the building, not the unit. Open in maps (opens in a new tab)

Estimated loan & HOA

$7,757

Loan payment and HOA only. Property tax and insurance are significant here and are not included.

Principal & interest
$5,006
HOA
$2,751 / mo

Illustration only — not a loan offer, quote, or commitment. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.

Schedule a tour

Request a private or video tour with a local agent.

Courtesy of
Douglas Elliman

Run the numbers

We fill in the price and the building's HOA dues. That leaves rent, tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Vacancy and the loan terms below start at common defaults; change them.

Our default, not a market figure
From the listing
Depends on assessed value & exemptions
Varies widely by building
Repairs, turnover, management

Cap rate
Cash-on-cash
Monthly cash flow
Net operating income

Enter rent, property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.

Illustration only — not a loan offer, quote, or investment advice. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.

Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.